Warning: Dogecoin And Shiba Inu Face Massive Risk – Can They Lose More Than 60% In The Next Month?

Cryptocurrencies like Dogecoin and Shiba Inu have been making headlines, but stormy times could be ahead. The latest analysis suggests these popular digital coins might be in for a rough ride, with values predicted to plunge significantly. Could these meme-based investments lose more than 60% in the next month? Exploring their future prospects uncovers the potential for growth in other coins. Dogecoin's Recent Performance and Price Dynamics Dogecoin dropped 18% in one week and lost 15% over the past month, though it did show a 34% gain over the last six months. The price fluctuations occurred within a range of $0.13 to $0.23 as momentum and oscillator readings slightly dipped into negative territory. The relative strength index stands at 33.24, indicating an oversold condition alongside longer-term recovery trends, which reflects mixed market sentiment regarding its recent behavior. The current trading range is between $0.13 and $0.23, with immediate resistance at $0.28 and support at $0.08. The absence of a clear trend and weak momentum indicate a cautious stance from bulls. Potential trading opportunities may arise if the price successfully bounces off the support level or tests the resistance area in the near term. Shiba Inu: Recent Downturn and Key Price Levels to Watch Last month SHIB recorded an 8.23% loss, while the coin has seen a 36.16% drop over the past six months. A significant weekly decline of 15.62% underscores the ongoing pressure on price action. The coin's performance has remained limited within a narrow range, characterized by negative momentum and low oscillator readings. Price corrections have intensified, with persistent downtrends signaling a market under stress. Current price fluctuates between $0.00001 and $0.00002, facing strong resistance at $0.00002 and solid support at $0.00001. The bears are mostly in control, as technical indicators reveal an RSI of 31.70 and negative momentum, indicating a lack of a clear bullish trend. Traders may consider short-term opportunities within these levels while keeping an eye on potential breakout signals. Conclusion DOGE and SHIB face potential significant losses in the near future. The market volatility may impact their values severely. Investors should stay informed about market trends and news. Careful consideration is crucial before making any decisions. The potential for a steep decline highlights the importance of staying updated. With a possible downturn looming, it's vital to keep track of these coins closely. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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First Digital Trust Files Defamation Claim Against Justin Sun

Justin Sun's allegations that Hong Kong-based custodian First Digital Trust is insolvent have landed him in the cross-hairs of a defamation claim initiated by the company. First Digital's FDUSD stablecoin briefly de-pegged on April 3 after Sun claimed the company was "insolvent," though it has since virtually recovered, according to CoinDesk markets data. The writ of summons, the first step in a defamation claim, was filed late last week and requests the Hong Kong High Court to issue an injunction restraining Sun from making further statements on the matter. It also asks for an injunction requiring Sun to publish retractions. It also asks for the Court to issue an award for damages (though it doesn't specify how much) for "unlawful interference with the Plaintiff's contractual and business relationships" and "causing damage to the Plaintiff's business." In the time since Sun made his first claim on X that First Digital was insolvent, the Tron founder has since doubled down on the issue, holding a press conference late last week in Hong Kong alleging fraud and calling on the territory's regulators to reform rules around trusts. For its part, First Digital has posted examples of redemptions going through. A date for an initial court hearing has not been set. Sun has not yet filed a response, but posted on X that he "welcomes any legal process." A spokesperson for Sun had no comment on the matter. The case number is HCA 680 in Hong Kong's High Court.

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Market Turmoil Signals Looming Economic Crisis

U.S. stock markets face fears of a significant crash similar to 1987. Continue Reading: Market Turmoil Signals Looming Economic Crisis The post Market Turmoil Signals Looming Economic Crisis appeared first on COINTURK NEWS .

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Ripple Whale Moves $414M As Analyst Forecasts XRP Price Correction To $1.55

According to a blockchain tracking platform by a Ripple whale, 230,770,000 XRP, valued at approximately $414 million, was transferred from one unknown wallet to another. This massive transaction has raised questions about the potential market implications for the XRP price. As the market waits for any signs of significant changes, analysts are predicting a potential XRP price correction to continue. Ripple Whale Moves Spark Concerns for XRP Price According to Whale Alert , a Ripple whale completed a large transaction of over 230,770,000 XRP equivalent to $414 million. This huge whale transaction emerges in the wake of other recent Ripple whale transactions, such as 200M XRP moved to Binance by an unknown entity. Another huge transaction involved a $572 million worth of XRP move amid ODL sales speculations. Market participants consider whales to be market movers, and big buy or sell orders can sometimes give early signs of a change in the market. Along with the whale move, the market has been observing ongoing developments surrounding Ripple, including its legal battles and partnerships. However, while there is positive news for Ripple, such as the launch of XRP ETF in the US or the acquisition of Hidden Road, the market has not positively influenced the XRP price. The pressure on XRP’s price remained, and analysts expect more correction before a recovery. Analysts Predict XRP Price Correction As the large XRP transfer captures the market’s attention, crypto analysts have been concerned with the potential price trends for XRP. One technical analyst has pointed out a major support area for the XRP price, which stands at $1.81. If the price of XRP fails to hold above this level, it could lead to a breakdown to the lower level of $1.55. The analyst, Casitrades pointed to a technical pattern forming in the market, which suggests a “Wave 3” downtrend could be underway. According to her analysis, using the Elliott Wave theory $1.71 will be the next critical level to watch for a temporary pause before the price potentially drops further. This XRP correction aligns with a prior forecast given by the same analyst regarding a pullback to the golden retracement level of $1.55. This level is typically considered a solid support level when analyzing technical charts. If tested, this level should confirm the conclusion of the Wave 2 correction, as it will likely cause the price of XRP to bounce back up. Concurrently, Dark Defender stated that market conditions have caused XRP oversold position in both the 4-hour and daily charts. According to Dark Defender, XRP is showing signs of a potential price recovery, with a strong Wave C pattern forming towards a new all-time high at $4. The post Ripple Whale Moves $414M As Analyst Forecasts XRP Price Correction To $1.55 appeared first on CoinGape .

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Is Pepe Coin’s (PEPE) Pullback Over? Trader Predicts 3x Run Coming Soon, with This $0.20 Crypto Poised to Rally with It

The post Is Pepe Coin’s (PEPE) Pullback Over? Trader Predicts 3x Run Coming Soon, with This $0.20 Crypto Poised to Rally with It appeared first on Coinpedia Fintech News Pepe Coin (PEPE) has recently caught traders’ attention after an extended pullback that saw its price drop by 56.59% over the past 60 days. However, technical analysts have identified bullish formations that indicate a potential turnaround. A trader’s forecast suggests a 3x PEPE value surge, indicating a strong recovery ahead. But while PEPE is set to bounce back, another crypto is poised for an even bigger rally— Rexas Finance (RXS) , a $0.20 real-world asset tokenization project with a projected 55x growth potential. PEPE’s Technical Signals Indicate a Bullish Reversal Recent technical evaluations of PEPE’s price action have uncovered an inverse head and shoulders pattern, a historically bullish signal often preceding significant upward movements. If this pattern plays out as expected, PEPE could see a 40% increase in price from current levels. Moreover, whale accumulation has increased, with large investors scooping up 689 billion PEPE tokens worth $4.3 million. Such movements often indicate growing confidence in an asset’s future price trajectory. Currently trading at $0.000007252, traders anticipate a surge to $0.00000802 by March 20, 2025.Rexas Finance (RXS): A High-Potential Crypto Set to Explode Although PEPE’s positive setup is appealing, another cryptocurrency project—Rexas Finance—is setting itself up for a more significant surge. Unlike meme coins that rely on hype, Rexas Finance has strong foundations and practical value. This blockchain-powered platform can tokenize actual assets from real land and commodities to art and intellectual property. Rexas Finance releases trillions in unrealized market value by tying blockchain technology with tangible assets. From $0.030 at launch, RXS is currently priced in the last stage of its presale at $0.20—a dramatic 566% rise. Selling 457.9 million RXS tokens, the presale has raised an astounding $47.58 million. Early investors expect a 25% quick return once the launch date is slated for June 19, 2025, with an initial listing price of $0.25. More importantly, investors expect RXS to explode to $11 post-launch, boasting a shocking 55x growth potential. Why Investors Are Flocking to Rexas Finance (RXS) Rexas Finance is a breakthrough project altering the scene of asset ownership and investment, not just another cryptocurrency. Unlike ventures supported by venture capital that sometimes give institutional investors top priority, Rexas Finance has adopted a community-driven approach, guaranteeing equitable access to its ecosystem. Important events driving RXS’s extraordinary presale success include: CoinMarketCap & CoinGecko Listing: Rexas Finance has obtained listings on these elite venues, offering investors real-time tracking, openness, and transparency. Certik Audit: Certik’s exhaustive audit has raised investor trust by confirming project security and validity. $1 Million Giveaway: With 20 lucky winners scheduled to get $50,000 worth of RXS each, the continuous RXS contest has drawn over 1.75 million entries. Multi-Chain Support: The platform guarantees flawless asset tokenizing and trading by supporting ERC-20, ERC-721, and ERC-1155 criteria. Massive Market Opportunity: Rexas Finance is positioned to rule the real-world asset tokenizing space with a trillion-dollar total addressable market. The FOMO Around RXS’s Presale is Growing Investors are rushing to get their share before the price leaps to $0.25 at launch, as the last stage of the RXS presale is almost finished—91.58% complete. The idea is already drawing crypto titans and institutional investors and generating market attention. For those looking ahead, RXS is a more appealing investment than PEPE, which depends on speculative buzz, as it has actual value and long-term expansion possibilities. Pepe Coin’s pullback could end now, as it signals a rise above $0.000007252, and a trader predicts a 3x run coming soon. However, this $0.20 crypto, Rexas Finance (RXS) , is poised to rally with PEPE. RXS could rise 55x, reaching $11 post-launch. Conclusion: PEPE and RXS—Two Cryptos to Watch Both cryptocurrencies provide excellent opportunities for investors, given PEPE’s expected 3x breakout and Rexas Finance’s 55x growth potential. Though market speculation and whale movements fuel PEPE’s gain, RXS provides a more solid basis with practical use and institutional-grade acceptance. Rexas Finance is an excellent long-term investment with significant upside. Now is the ideal moment to grab RXS tokens before they explode post-launch when the presale window shuts. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance

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Spicy Projects #12: XBorg

What is XBorg? XBorg's mission is refreshingly straightforward: empower players in the digital gaming landscape. They're achieving this through a two-pronged approach that puts gamers first in ways traditional gaming platforms never could. First, they're building a protocol that allows players to create unique onchain identities. These digital IDs store all of a player's gaming and social data, enabling them to log into apps and games to enjoy personalized experiences based on who they are and what they've accomplished across the gaming universe. Second, they're enabling players to own a stake in, actively shape, and capture the value of the protocol that makes this possible. This creates a genuine player-owned economy where the community directly benefits from the platform's growth and success. Fan App: Leading With User Experience XBorg is focusing on scaling their app layer before building out the decentralized infrastructure. Their strategic approach prioritizes increasing live apps, users, and revenue before moving fully onchain. The centerpiece of this strategy is their Fan App product, which is already being utilized by major esports teams. This app leverages player identities to create deeper connections between teams and their fans, offering customized experiences based on engagement history and preferences. The team is poised to announce more high-profile partners shortly, expanding their reach within the competitive gaming ecosystem and bringing their player-centric approach to more communities. Community-First Philosophy What truly sets XBorg apart is their unwavering commitment to their community. Unlike many Web3 projects, XBorg: Did not raise funds from venture capital firms Does not employ market makers to artificially boost token performance Has not listed on centralized exchanges (CEXs) Instead, they gave early investment access directly to their community members, putting them first in all decision-making processes. Importantly, they did not raise against equity, ensuring that token holders can capture all the value generated by the platform. This approach creates a genuine alignment between the project's success and community benefit—a refreshing departure from traditional gaming business models where players are often seen as customers rather than stakeholders. Why XBorg Matters Gaming has long been an industry where players contribute enormous value through their time, creativity, and social connections, yet capture very little of the economic upside. XBorg is flipping this dynamic by: Creating persistent player identities that preserve achievements and history across games Enabling data ownership that respects player privacy while enabling personalized experiences Building economic models where players benefit directly from platform growth Putting the community first in both governance and value capture This represents a fundamental shift in how gaming ecosystems can function, potentially paving the way for a more equitable future for the industry. What's Next? XBorg is methodically executing their vision with clear priorities: Expanding their Fan App partnerships with more esports teams and gaming communities Growing their user base and increasing platform revenue Gradually building out decentralized infrastructure as adoption increases Continuing to develop their player identity protocol with new features and integrations By focusing on creating value before fully decentralizing, XBorg is taking a pragmatic approach that prioritizes sustainability and real-world utility. Fun Fact XBorg didn't follow the typical Web3 project playbook of VC funding rounds and splashy exchange listings. Instead, they gave their earliest supporters the investment opportunities usually reserved for institutional investors. This community-first approach extends to their development process, where token holders have a genuine say in the project's direction. From their player-centric identity solutions to their community-owned economic model, XBorg represents a bold vision for the future of gaming—one where players aren't just participants but true stakeholders in the ecosystem they help create.

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Kyrgyzstan Strengthens Its Role as a Regional Crypto Hub: A7A5 project presented first stablecoin pegged to the Russian ruble

Kyrgyzstan is steadily establishing itself as a key player in the regional digital asset landscape. The country is making significant strides in cryptocurrency regulation, piloting legal frameworks, and launching licensed platforms. A notable milestone is the introduction of A7A5 — a stablecoin pegged to the Russian ruble. Issued by the Kyrgyz company Old Vector, A7A5 complies fully with local regulatory standards and is backed by government support. Emerging as a Global Crypto Leader Under the direction of the country's president, Kyrgyzstan has implemented a robust legal framework for the crypto sector — a first for the nation. This legislative package covers all major aspects of the digital asset ecosystem, from exchanges to token issuance, laying the groundwork for a brand-new institutional infrastructure. A standout innovation is the state-supervised token issuance process. This ensures that tokens are fiat-backed, regularly audited, and meet strict regulatory and investor protection standards. In effect, Kyrgyzstan has introduced one of the world’s most transparent and secure models for digital tokenization. The initial issuance (minting) of A7A5 followed these new legal requirements to the letter, conducted under full regulatory oversight and distributed via a licensed broker. A7A5: Tradable, Regulated, and Yield-Bearing The A7A5 token is currently tradable on the licensed Meer Exchange and is expected to be listed on decentralized exchanges (DEXs) soon. Its fiat reserves are held in traditional bank accounts and audited quarterly by an independent firm. A7A5’s standout feature is its potential to yield up to 20% annually — a return generated by its link to the Russian Central Bank’s refinancing rate, alongside additional DeFi income strategies. An Alternative for Forward-Thinking Investors The global digital asset space is evolving toward a blend of traditional finance (TradFi) and decentralized technologies (DeFi). Stablecoins have become a gateway for users to: Move from volatile assets to stable-value tokens while staying within the blockchain ecosystem. Trade against the US dollar — the dominant global reserve currency. Earn stable, quasi-fixed returns by engaging with DeFi protocols. Despite growth in the stablecoin market, options pegged to non-dollar currencies remain underdeveloped. Lack of Currency Diversity in Stablecoins While the stablecoin market has seen significant adoption, the dominance of dollar-backed tokens continues: USDT: Over $60 billion in daily trading volume. USDC: Around $6 billion daily. Euro-backed stablecoins (like EURT or agEUR): Rarely exceed $5–10 million in daily volume. Yen- and yuan-backed stablecoins are nearly absent from major platforms. Stablecoins pegged to emerging market currencies (rubles, reais, rupees) are virtually non-existent. This lack of diversity limits the creation of complex currency strategies such as FX trades and carry trades — key components of the $7 trillion-a-day global forex market. Why Carry Trade Isn’t Yet Viable in Crypto A traditional carry trade (e.g., borrowing in a low-interest currency like the yen and investing in a higher-yielding one like the dollar) requires several key infrastructure elements that crypto markets currently lack: While borrowing in USD within DeFi is possible, there’s no viable way to borrow in currencies like JPY or to invest in emerging-market assets with fixed yields. Moreover, crypto lacks sufficient tools for hedging currency risk via derivatives — a cornerstone of traditional finance strategies. A7A5: Unlocking New Opportunities The launch of A7A5 represents a pioneering move toward expanding the crypto investment toolkit. It opens doors to: Income-generating strategies based on emerging-market assets. Currency risk hedging via future DeFi derivative products. Participation in real-world assets (RWAs), both directly and synthetically, through blockchain-based infrastructure. A7A5 is tailored for investors seeking to harness next-generation financial tools in pursuit of enhanced returns — especially in a world where traditional finance offers increasingly limited alternatives. Its listing on Meer Exchange ensures institutional-grade liquidity, transparency, and access to a new class of digital assets rooted in the Russian economy and other emerging markets. Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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BTC and XRP Still the Favorites for 1,000% in 2025’s Outlook

As the cryptocurrency market navigates through 2025, Bitcoin (BTC) and XRP continue to capture the attention of investors aiming for significant returns. Both assets have demonstrated resilience and potential, positioning them as favorites for substantial growth in the current financial landscape. These developments suggest that XRP may experience significant appreciation in value throughout 2025. PRE-SALE SELLING OUT – CLICK HERE TO SECURE A SPOT NOW MAGACOINFINANCE: Emerging Opportunity with High Potential In addition to established cryptocurrencies, emerging projects like MAGACOINFINANCE are gaining traction among investors seeking substantial returns. Impressive Fundraising and Investor Interest MAGACOINFINANCE has attracted over 10,000 investors , successfully raising more than $5.5 million in its pre-sale phase. This level of engagement underscores the project’s credibility and potential within the crypto community. Strategic Pricing and Growth Prospects The current pre-sale price is set at $0.0002804 per token, with an anticipated listing price of $0.007 . This pricing strategy offers early investors the potential for significant returns upon the token’s market debut. Exclusive Offer: 50% Bonus with MAGA50X Investors have a limited-time opportunity to enhance their holdings through the MAGA50X bonus: Pre-sale Price with Bonus : $0.0001869 per token Projected ROI : Approximately 3,645% , or a 36.45x increase A $1,000 investment at this rate could potentially grow to $36,450 before the first exchange listing. LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH MAGA50X Other Notable Cryptocurrencies: TON, ETH, SUI, and BCH While BTC and XRP lead the market, other cryptocurrencies also present potential opportunities: Toncoin (TON) : Trading at $1.02 , with a 1.26% decrease from the previous close. Ethereum (ETH) : Priced at $1,472.82 , experiencing a 6.07% decline. Sui (SUI) : Valued at $1.96 , down by 2.97%. Bitcoin Cash (BCH) : Trading at $273.07 , with a 2.18% decrease. These assets have shown resilience and may offer growth potential, but they currently lack the momentum observed in BTC, XRP, and emerging projects like MAGACOINFINANCE. JOIN 10,000+ INVESTORS-CLICK HERE TO SECURE A SPOT NOW Conclusion As 2025 progresses, Bitcoin and XRP remain prominent choices for investors targeting substantial returns. Concurrently, emerging projects like MAGACOINFINANCE present unique opportunities for those seeking high-growth potential. Investors should conduct thorough research and consider market dynamics when making investment decisions. For more information on MAGACOINFINANCE and to participate in the pre-sale, visit: Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: BTC and XRP Still the Favorites for 1,000% in 2025’s Outlook

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Citadel-backed EDX Markets taps BitGo for crypto traction

EDX Markets, a cryptocurrency exchange backed by Citadel Securities, Charles Schwab, and Fidelity, has announced a new partnership with digital asset infrastructure firm BitGo to accelerate institutional adoption of crypto. The partnership will see venture capital backed and institution-focused EDX Markets integrate BitGo ’s settlement layer Go Network to enable instant settlement of digital assets and fiat. EDX will tap into BitGo’s qualified custody platform to allow clients trade and settle, reducing exposure to the exchange. Meanwhile, EDX’s deep liquidity becomes accessible to BitGo’s pool of liquidity as BitGo Prime joins EDM Markets as a member. You might also like: Mastercard teams up with Kraken to expand crypto payment services across Europe Infrastructure and regulatory compliance are key to this collaboration, the firms said . This means bringing digital assets to traditional finance institutions via mechanisms that allow them to explore without hurdles that hinder such efforts. Tony Acuña-Rohter, chief executive officer of EDX Markets said: “By integrating BitGo’s qualified custody infrastructure into our clearing and settlement framework, we are addressing the need for robust mitigation structures, which will further advance our mission of creating a secure and efficient trading environment that attracts more institutional participants.” Mike Belshe, co-founder and chief executive of BitGo, added: “As the digital asset industry continues to mature, partnerships like ours bridge the gap between TradFi and crypto, driving increased participation and long-term growth in the space.” BitGo has recently struck multiple partnerships and expanded its services via new product launches, including a global over-the-counter trading desk and an off-exchange settlement on derivatives exchange Deribit. The latter is a collaboration with custody provider Copper. Its digital asset solutions beyond custody, include staking, trading, wallet service, digital asset financing, and crypto settlement. BitGo recently announced a key partnership with New York-based investment platform Republic in a bid to democratize access to alternative investments, bringing products traditionally targeted for institutional investors to individuals. You might also like: Binance launches LDUSDT to combine futures trading with earn rewards

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XRP Network Activity Hits All-Time High Despite Market Volatility – Bullish Signal?

XRP has broken down from critical support levels, joining the broader crypto market in a wave of selling pressure driven by growing macroeconomic uncertainty. As risk sentiment weakens, bulls are struggling to defend key zones that previously held firm. Now, the focus shifts to reclaiming a pivotal level that could reverse the recent bearish trend and restore some confidence to investors. Related Reading: XRP Breaks Out Of Head-And-Shoulders Pattern — Eyes Move Toward $1.30 Despite the harsh market conditions and price volatility, on-chain data reveals a promising development beneath the surface. According to Glassnode, the XRP network has reached a new all-time high of 6.26 million addresses holding 1 XRP or more. This metric signals growing adoption and distribution, even as prices slide — a potential bullish divergence that often precedes long-term strength. The surge in small wallet growth suggests that retail investors are still entering the market, seeing value in XRP at current levels. While the short-term price action remains uncertain, the expanding network base may point to renewed demand once market conditions stabilize. Is this trend a sign of strength or simply a temporary reaction to lower prices? In a market full of fear, such network milestones could serve as a glimmer of optimism for XRP’s long-term outlook. XRP Holds Below $2 As Analysts Split on What Comes Next XRP is now facing a critical test just below the $1.80 mark — a level that many analysts view as the last key support before a potential steep decline. Market sentiment remains fragile, with bulls under immense pressure and bears steadily gaining ground. If XRP fails to hold this zone, some analysts warn that a sharp drop toward lower demand levels could follow, further weakening investor confidence. The atmosphere is tense and filled with uncertainty. Bulls argue that once broader market conditions begin to recover, XRP could be one of the first altcoins to rebound and reclaim its previous range highs. On the other hand, skeptics believe that XRP’s trend has clearly broken down, and a return to bullish momentum could take longer than many anticipate — if it happens at all. Despite the conflicting views on price action, on-chain data offers a glimmer of optimism. Top analyst Ali Martinez shared insights on X, revealing that the XRP network is quietly growing stronger. According to Glassnode, the number of wallets holding at least 1 XRP has reached an all-time high of 6.26 million. This surge in network participation could be a signal of long-term strength and resilience. If the broader market stabilizes, such steady growth in network fundamentals may give XRP the momentum it needs to mount a serious recovery. But for now, the $1.80 level remains the line in the sand — and all eyes are on whether it holds or breaks. Related Reading: Oversold Altcoins Like Solana Flash Bullish Divergences — Are Relief Bounces Coming? Price Struggles Below Key Averages as Selling Pressure Mounts XRP is currently trading at $1.82 after a sharp drop below the 200-day Exponential Moving Average (EMA) at $1.94 and the 200-day Simple Moving Average (MA) at $1.85. These technical levels were acting as key support during recent consolidation, but bulls failed to defend them, signaling growing weakness in the current trend. The breakdown began when XRP lost the $2 mark — a psychological and technical level that had previously provided stability. Since then, bearish momentum has intensified, and buyers have struggled to regain control. With XRP now firmly below major moving averages, the risk of continued downside remains high. However, all is not lost. A decisive reclaim of the $1.95 level, ideally with strong volume and follow-through, could spark a recovery back above the $2 threshold. Such a move would likely restore short-term bullish sentiment and provide the foundation for a broader rebound. Related Reading: Ethereum Capitulation May Be Nearing End – Will A Fed Pivot Spark A Recovery? On the flip side, losing the $1.80 support would be a major blow for bulls. If this level fails to hold, XRP could rapidly descend toward the $1.50 zone, where the next meaningful support lies. For now, traders are watching these levels closely as XRP battles to regain stability amid broader market turbulence. Featured image from Dall-E, chart from TradingView

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